Traders,
Here we have BTC/USD 4H chart.
No I don't think that we have bull&Bear fight here, We have bear winner on the stage.
After breaking out with uncomfortable ,volatile, and hard to trade with that liar breaking.
The best option remains to stay out for a while !
But if you are a holder my humble way to take a chance and getting away at the first red zone.
I personally decided to trade the raw signals from the reversal Just got a double top bearish signal, So I'm short toward the previous support area with this little wave as you see.
No pattern needed to be against my chart it's a repeated scenario to correct it's position for this huge pair now as we call before reaching 19k all time high we had't the way to compare except 2013 crash and now we have this by comparing the bearish scenario we are going to make this happen
Note: Repeated bottom like repeated high will determine that we have a market low of a stable and repeating scenarios every year,but if we have not it will cut the vol of the market to cut the price with a huge downtrends so lets determine the future by seeing this repeated bottom enjoy trading at the end.
Regards,
Mohsen
Here we have BTC/USD 4H chart.
No I don't think that we have bull&Bear fight here, We have bear winner on the stage.
After breaking out with uncomfortable ,volatile, and hard to trade with that liar breaking.
The best option remains to stay out for a while !
But if you are a holder my humble way to take a chance and getting away at the first red zone.
I personally decided to trade the raw signals from the reversal Just got a double top bearish signal, So I'm short toward the previous support area with this little wave as you see.
No pattern needed to be against my chart it's a repeated scenario to correct it's position for this huge pair now as we call before reaching 19k all time high we had't the way to compare except 2013 crash and now we have this by comparing the bearish scenario we are going to make this happen
Note: Repeated bottom like repeated high will determine that we have a market low of a stable and repeating scenarios every year,but if we have not it will cut the vol of the market to cut the price with a huge downtrends so lets determine the future by seeing this repeated bottom enjoy trading at the end.
Regards,
Mohsen
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Telegram: t.me/MO_Trading
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Telegram: t.me/MO_Trading
Twitter: twitter.com/MoTradr
